The losses come after Meta spent years investing billions of dollars in its metaverse concept (a 3D virtual world where ...
More than 1,000 Meta employees — the ones who brought you the metaverse — are now looking for work.
Meta said it's shutting down Workrooms in February, deleting user data as Reality Labs faces layoffs and the company ...
Meta has announced the discontinuation of its work-oriented metaverse, Horizon Workrooms, effective from February 16, 2026.
The tech giant has laid off 1,500 people—about 10% of staff—from the Reality Labs division that is home to its metaverse ...
Meanwhile, CTO Andrew Bosworth has urged workers in the division to attend in-person meeting, said to be "most important" of ...
The cuts come just over four years after Facebook changed its name to Meta and went big on virtual reality and the Metaverse.
Meta has begun a massive set of layoffs in its reality Labs Division, as the company refocuses on developing AI-powered ...
Company cutting 1,500 Reality Labs jobs as it shifts from metaverse to AI after accumulating $70B in losses since 2020.
The layoffs are set to be announced this week and would affect Meta’s work on the metaverse, as the company spends heavily on ...
Meta has shuttered three of its VR studios, including Armature, Sanzaru and Twisted Pixel as part of its metaverse layoffs.